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City / Town Overview

Royal Oak, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
222
⇧ 29.8% vs 171 last year
Pending
54
24% pending ratio
Median Price
$375,000
⇧ 3.4% vs $362,725 last year
Average Price
$469,273
⇧ 4.1% vs $450,598 last year
Days on Market
56.1
⇧ 5.6% vs 53 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Royal Oak, MI real estate market currently shows 222 active listings, with 54 pending sales. Homes are averaging 56.1 days on the market before going under contract.

Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56.1 days on market compared to 53.1 days last year.

The median listing price has risen 3.4% year-over-year, from $362,725 to $375,000.

Whether you are buying or selling in Royal Oak, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Royal Oak: 48067, 48068, 48073

Market Context

ZIP coverage: 3  ·  Population: 58,107  ·  Median household income: $93,131

Typical home value: $287,288  ·  Homeownership rate: 65.4%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings